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Mumbai property advisory & dataOperating since 1995✓ MahaRERA A51800043517Source-labelled project dataWe reply in minutes on WhatsApp
Primary inventory recordedMahaRERA P51800023224

Andheri East · Mumbai

Rakshi Elanza

Mc Chagla Road, near Godfery Philips indian, Andheri East · by Atul Projects India Pvt. Ltd (Om Sai Builders & Developers)

Updated Oct 2026

154
Units
2027
Possession
1
Buildings
Certificate Signed
Status

A first look at Rakshi Elanza

Rakshi Elanza is a residential project by Atul Projects India Pvt. Ltd on Mc Chagla Road, near Godfery Philips indian, Andheri East, Mumbai 400099. It is registered with MahaRERA under P51800023224 (registered 2021-09-08). The project has 154 units across 1 building of up to 15 floors. It offers 1 & 2 BHK homes with carpet areas of 386–621 sq ft, priced ₹1.05 Cr–₹1.75 Cr as on 09 Jul 2026 (indicative). The quoted rate is about ₹26,800 per sq ft. MahaRERA proposed possession: Jul 2027.

Primary inventory recorded.

Ask an advisor to verify current developer inventory and price.

Availability & Pricing

TypeCarpetPriceAvail
1 BHK386 ft²₹1.05 Cr—
2 BHK621 ft²₹1.75 Cr—

Prices as on 09 Jul 2026. Approximate pricing as on that date. Prices are indicative, subject to change and to reconfirmation with the developer.

💬 Request latest price on WhatsApp
Unit configurations filed with MahaRERA (3)
ConfigurationCarpetIndicative Price
1 BHK386–415 ft²₹1.07 Cr–₹1.15 Cr
2 BHK562–663 ft²₹1.56 Cr–₹1.84 Cr
3 BHK920 ft²₹2.55 Cr
Configurations & carpet per MahaRERA filing · indicative price = locality rate × carpet (not the developer's quote).
💬 Verify current inventory with an advisor

Rakshi Elanza floor plans

2
Rakshi Elanza, Andheri East — floor plan 1Rakshi Elanza, Andheri East — floor plan 2

Floor plans are indicative, as shared by the developer, and subject to change.

About Rakshi Elanza

Location

The address of Rakshi Elanza is Mc Chagla Road, near Godfery Philips indian, Andheri East, Mumbai 400099, in the Mumbai Suburban district. Across 343 recent resale listings on MPE, homes in Andheri East have a median asking rate of ₹35,600 per sq ft, and a 2 BHK typically rents for about ₹82,000 a month.

MahaRERA record

Rakshi Elanza is registered with MahaRERA under P51800023224, dated 8 September 2021. The registered promoter is Om Sai Builders & Developers. The filing lists 1 wing: ELANZA over 15 floors. According to MahaRERA, the project escrow account is with AU Small Finance Bank Ltd.

Homes and prices

The price list covers 1 BHK of 386 sq ft at ₹1.05 Cr; 2 BHK of 621 sq ft at ₹1.75 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹27,200–₹28,200 per sq ft of carpet, 21% below the locality's resale median. Prices are indicative and should be reconfirmed with the developer before booking.

Construction and possession

The latest MahaRERA progress report shows foundation at 60%, structure at 100%, finishing at 70%, services at 85%. Proposed possession is Jul 2027.

Developer track record

Atul Projects India Pvt. Ltd has 31 projects tracked on Mumbai Property Exchange, 27 of them delivered (ready or sold out). Other projects by the same developer include Rustomjee Ozone Skye, Arihanth Asalpha, Varella Mansion.

Buyer demand in Andheri East

In the last 90 days, buyers and tenants registered 47 requirements for Andheri East with Mumbai Property Exchange, 16 of them to buy and 23 specifically for 1 & 2 BHK homes.

Developer's description ▾
Joint Venture with Rakshi Developer and Atul Projects - Sep 2025 - Builder Possession Discover Rakshi Elanza in Andheri East – premium 1, 2 & 3 BHK residences that redefine urban comfort. Experience a perfect mix of modern design and tranquil surroundings with luxury amenities like a rooftop lounge, jogging track, meditation deck, landscaped garden, and children's play area. Enjoy seamless connectivity to major landmarks, entertainment hubs, and lifestyle conveniences. Live where elegance meets serenity at Rakshi Elanza, Andheri East.

Andheri East market

prices, rents & rates

Price vs locality

₹26,767
/sqft · Andheri East rate-band mid-point ₹40,000
33% below mid-point

Andheri East — resale, rent & yield

Resale
₹35,600/sqft
median · 343 listings
Rent
₹130.5/sqft/mo
2 BHK ~₹82,000/mo
Gross yield
4.4%/yr
rent vs resale value

This project is quoted around ₹26,767/sqft — 25% below resale here.

From MPE live listings, last 18 months · Mumbai price index ›

Property rates in Andheri East

Residential · Sale
₹35,000–45,000/sqft
Commercial · Sale
₹35,000–65,000/sqft
2 BHK · Rent
₹90,000–165,000/mo

Upcoming projects & infrastructure in Andheri East

take an informed decision

51 MahaRERA projects are due to hand over in Andheri East between 2026 and 2030; the nearest upcoming infrastructure to Rakshi Elanza is the Line 8 Gold (Airport Express), 1.8 km away (under construction · due 2030).

51
MahaRERA projects handing over in the next 5 years
in Andheri East
₹38,600/sqft
typical asking price
steady this quarter
₹16,200/sqft
ready reckoner rate (government)
2025-26 · stamp duty is charged on the higher of this and the deal value
New projects in Andheri East by possession year
1
2026
12
2027
11
2028
19
2029
8
2030

Supply is not evenly spread — one year carries about a third of it.

Metro & infrastructure near Rakshi Elanza
  • 🚇Line 2B YellowOpened 20261.1 km
  • 🚇Line 3 AquaOpened 20251.5 km
  • 🚇Line 8 Gold (Airport Express)Under construction · due 20301.8 km
  • 🚇Line 6 PinkUnder construction · due 20273.0 km
📜 155 registered transactions (IGR) on record in Andheri East. Fresh registration data can be procured, subject to our discussion and engagement. Take an informed approach — know the right value, don't just get swayed by the marketing guys!
Ask for registered transactions ›
Questions about Andheri East prices?

Ask on WhatsApp — we answer right in the chat with live asking prices, listings and registered sales for Andheri East, then an advisor calls about your budget and configuration.

Prices and timelines are indicative and subject to change. See the disclaimer at the foot of this page.

RERA record & possession

Possession (proposed)
Jul 2027
Project status
New
MahaRERA No.
P51800023224
Data last updated
Oct 2026
Registered
2021-09-08
Escrow Bank
AU SMALL FINANCE BANK LIMITED
Architect
—
Total FSI
7,398

Buildings · 1 wing

ELANZA · 15 fl · — u

Location

Map data © OpenStreetMap contributors · location indicativeOpen larger map ›

Construction progress

per MahaRERA
Foundation60%
Structure100%
Finishing70%
Services85%
See all 11 stages ▾
Basement (if any)100%
Excavation100%
Plinth100%
Slabs of Super Structure100%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and …100%
External plumbing and external plaster, elevation, completion of terr…90%
Installation of Lifts, water pumps, Fire Fighting Fittings and Equipm…70%
Internal walls, Intemal Plaster, Floorings, Floors and windows within…70%
Sanitary Fittings within the flats / premises50%
Podiums (if any)0%
Stilt Floor0%

What you pay, and when

an example

This is just an example of the cash flows for buying a home, not a quote or a payment demand. Your agreement and the developer's schedule decide the actual amounts.

In an under-construction project, you don't pay everything on day one. Under the MahaRERA model agreement, the developer can only ask for money as each stage is finished: about 10% at booking, 30% at agreement, then more as the plinth, slabs, walls, fittings and lifts are done, and the last 5% at possession. The more a building is finished, the more you pay up front.

Example: 2 BHK · 621 sq ft at ₹1.75 Cr (the price recorded above).

Due soon after booking~₹1.23 Cr70%, stages already done
Balance till possession~₹52.5 Lover about 9 months
Stamp duty + GST~₹10.5 L + ₹8.8 L6% + 5%, plus ~₹30,000 registration
  1. ✓ Plinth complete45% paid by then
  2. ✓ Slabs complete70% paid by then
  3. ○ Walls, plaster & flooring75% paid by then
  4. ○ Sanitary fittings80% paid by then
  5. ○ Staircases, lift wells & lobbies85% paid by then
  6. ○ Lifts, pumps, plumbing & elevation95% paid by then
  7. ○ Possession100%

With a home loan: banks usually fund up to 75% (₹1.31 Cr here), released stage by stage, so your own money is about ₹43.8 L plus stamp duty and GST. Until possession you pay interest only on what the bank has released; after that the full EMI is roughly ₹1.14 L/month (8.5%, 20 years).

Indicative only. Rates, GST (1% on affordable homes), loan eligibility and the stage schedule vary. Plan your cash flow with an advisor before you book.

💬 Talk through the numbers with an MPE advisor

Amenities

16
Swimming PoolKids Play AreaGardenClubhouseIndoor GamesGymnasiumYoga RoomSpa
+8 more ▾
CCTV24x7 SecurityVideo Door PhonePower BackupParkingVisitor ParkingConcealed WiringConcealed Plumbing

Next steps — clarity before you step out

Buying a home is not a quick decision. In association with developers, Mumbai Property Exchange sets up the video briefings (Google Meet, Teams or WhatsApp video), the site visits and the paperwork questions — so your homework is done before you commit an afternoon.

Resale Flats for Sale in Andheri East

4

Flats for Rent in Andheri East

4

Commercial for Sale in Andheri East

4

Commercial for Lease in Andheri East

1

Commercial Projects in Andheri East

More by Atul Projects India Pvt. Ltd (Om Sai Builders & Developers)

Compare Rakshi-Elanza with similarly priced projects nearby

MahaRERA projects nearby in Andheri East

Frequently Asked Questions

Where is Rakshi Elanza located?

Rakshi Elanza is on Mc Chagla Road, near Godfery Philips indian, Andheri East, Mumbai 400099.

What is the price of Rakshi Elanza?

1 & 2 BHK homes are priced ₹1.05 Cr–₹1.75 Cr as on 09 Jul 2026, about ₹26,800 per sq ft. Prices are indicative and subject to reconfirmation with the developer.

What configurations and carpet areas does Rakshi Elanza offer?

1 BHK – 386 sq ft carpet at ₹1.05 Cr; 2 BHK – 621 sq ft carpet at ₹1.75 Cr.

When is possession of Rakshi Elanza?

As per MahaRERA, proposed possession is Jul 2027.

Is Rakshi Elanza RERA-registered?

Yes — MahaRERA registration P51800023224, registered 2021-09-08.

How many units does Rakshi Elanza have?

MahaRERA records 154 units across 23 buildings, up to 15 floors.

Who is the developer of Rakshi Elanza?

Atul Projects India Pvt. Ltd (Om Sai Builders & Developers) — 31 projects tracked on Mumbai Property Exchange. View their track record ▸

How many new projects are coming up in Andheri East?

51 MahaRERA-registered projects in Andheri East are due for possession between 2026 and 2030, as per MahaRERA registrations. Timelines can change.

What metro and infrastructure is near Rakshi Elanza?

Line 2B Yellow — opened 2026, 1.1 km away; Line 3 Aqua — opened 2025, 1.5 km away; Line 8 Gold (Airport Express) — under construction · due 2030, 1.8 km away; Line 6 Pink — under construction · due 2027, 3.0 km away. Timelines are as announced and can change.

How do I book or get more details?

Tap WhatsApp or Call below to speak with a Mumbai Property Exchange advisor — serving Mumbai since 1995 · RERA-registered since 2017.

Disclaimer. Information on this page is compiled from MahaRERA registrations, public infrastructure announcements, developer materials and Mumbai Property Exchange listings. Prices, availability, possession dates and infrastructure timelines are indicative, subject to change, and updated periodically (last updated 2026-10-06). This is not an offer or an advertisement by the developer; please verify all details with the developer and on MahaRERA before deciding. Mumbai Property Exchange, MahaRERA agent A51800043517.
Are you the developer and see something wrong? Report a correction on WhatsApp — we verify and update.
SOURCE · MAHARERA + MUMBAI PROPERTY EXCHANGE
INDEPENDENT DATA · RERA A51800043517 · EST. 1995
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